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General Motors Co (GM.N) and Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks. As part of a multi-part, multibillion-dollar deal, GM received how much per cent stake in Nikola?

General Motors Co (GM.N) and Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks. As part of a multi-part, multibillion-dollar deal, GM received how much per cent stake in Nikola? Correct Answer 11

The correct answer is 11%.

  • General Motors Co (GM.N) and electric truck startup Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla Inc.
  • As part of a multi-part, multibillion-dollar deal, GM received an 11% stake in Nikola, valued at about $2 billion.
  • GM will supply Nikola with batteries, fuel cell systems and a factory to build the Nikola Badger pickup. 

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